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India
IN / IND · Asia · Southern Asia
Hostile
Country Information
- ISO Code
- IN (IND)
- Region
- Asia
- Sub-Region
- Southern Asia
- Status
- Active
- Crypto Regulatory Status
- Hostile
- Summary
- Cryptocurrencies are not accepted as a means of payment. Digital currency exchanges are technically legal but face increasingly tight restrictions. In April 2018, the Reserve Bank of India banned banks and regulated financial institutions from providing services to any person or business that deals with cryptocurrencies. However, in 2020 the Indian Supreme Court struck down the ban and clarified that no prohibitions exist. In 2021, India published a proposed crypto regulatory framework called the Cryptocurrency and Regulation of Official Digital Currency Bill. New guidance relating to the advertising of cryptos and NFTs was announced in February 2022 and came into effect on 1 April 2022.
Regulatory Status Summary
Allowed-Regulated:
2
Status History by Topic
| Topic | Jul 2025 | Aug 2025 | Sep 2025 | Oct 2025 | Nov 2025 | Dec 2025 |
|---|---|---|---|---|---|---|
| Retail_Trading_Status |
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Legend:
Allowed-Regulated
Allowed-Unregulated
Gray-Zone
Banned
Unclear
No data
Latest
Latest Analyses
Regulation analyses for India
| Topic | Status | Confidence | Updated | Actions |
|---|---|---|---|---|
| Retail_Trading_Status | Allowed-Regulated | High Confidence | 1d ago | View |
| Retail_Trading_Status | Allowed-Regulated | Unknown | 24w ago | View |
All Analysis Versions
3 total versions (including archived)
All Analysis Versions
3 total versions (including archived)
| Topic | Status | Version | Date | Actions |
|---|---|---|---|---|
| Retail_Trading_Status | Allowed-Regulated | Latest | 2025-12-12 04:24 | View |
| Retail_Trading_Status | Allowed-Regulated | Latest | 2025-06-26 13:16 | View |
| Retail_Trading_Status | Allowed-Regulated | Archived | 2025-04-12 06:50 | View |